Ophthalmic Implants Market Size, Share, and Analysis, By Product (Intraocular Lenses, Glaucoma Implants, Corneal Implants, Others), By Application (Cataract Surgery, Glaucoma Surgery, Others), By End-User (Hospitals, Ambulatory Surgery Centers, and Ophtha

Ophthalmic Implants Market Size, Share, and Analysis, By Product (Intraocular Lenses, Glaucoma Implants, Corneal Implants, Others), By Application (Cataract Surgery, Glaucoma Surgery, Others), By End-User (Hospitals, Ambulatory Surgery Centers, and Ophthalmic Clinics), By Region (North America, Europe, Asia-Pacific, and Rest of the World), And Regional Forecast 2024-2034

PRODUCT OVERVIEW

Ophthalmic Implants Market is anticipated to exhibit a Compound Annual Growth Rate (CAGR) of 6% during the forecast span from 2024 to 2034. In 2023, the market size was assessed at USD 11.7 billion and is projected to reach USD 22.2 billion by the completion of 2034.

Ophthalmic implants are medical devices that are inserted into or around the eye to address several vision abnormalities and disorders. These implants include retinal implants, which are designed to help patients with degenerative retinal disorders see again, and intraocular lenses (IOLs), which are used during cataract surgery to replace the cloudy natural lens with a clear artificial one. In addition, some implants function as drug-delivery devices and deliver medication directly to the eye to improve the treatment of chronic illnesses such as glaucoma and age-related macular degeneration. Besides, ophthalmic implants integrate with the architecture of the eyes and improve the quality of life for people with eye problems.

MARKET HIGHLIGHTS

Ophthalmic implant market is projected to reach USD 22.2 billion over the forecast period, due to the high demand for vision correction and management of eye diseases. Innovations in implant technology, such as modified intraocular lenses and advanced retinal implants, are improving treatment outcomes, along with the well-being of patients. Moreover, the high occurrence of eye disorders, such as cataracts and age-related macular degeneration is propelling growth in the ophthalmic implants market. Several companies are dedicating their efforts to research and development to launch new implants that are more advanced in performance and have a longer lifespan. Furthermore, the growing use of minimally invasive surgical methods benefits the market by reducing recovery times and lowering complications.

Ophthalmic Implants Market Segments:

• By Product
• Intraocular Lenses
• Glaucoma Implants
• Corneal Implants
• Others
• By Application
• Cataract Surgery
• Glaucoma Surgery
• Others
• By End User
• Hospitals
• Ambulatory Surgery Centers
• Ophthalmic Clinics

MARKET DYNAMICS

Growth Drivers

Technological Advancements is Driving Growth in the Ophthalmic Implants Market

Increasing Prevalence of Eye Disorders Act as a Catalyst for Market Growth

Restraint

High Cost of Implants in the Market Will Impact the Growth

Key Players

• Alcon (Novartis)
• Johnson & Johnson Vision
• Bausch + Lomb
• Carl Zeiss Meditec
• Hoya Corporation
• Rayner Intraocular Lenses Ltd
• Staar Surgical Company
• Implantable Vision Correction, Inc. (IVC)
• OptoVue Inc.
• Second Sight Medical Products
• Kowa Company Ltd
• Genentech (Roche)
• Santen Pharmaceutical Co., Ltd
• Ellex Medical Lasers
• MediSpray, Inc.
• Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)

Global Laboratory Temperature Control Units Market is further segmented by region into:

• North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
• Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
• Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
• Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
• Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 3-month post-sales analyst support.

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